Nursing home with commercial areas, Saxony, Germany

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Nursing home with commercial areas, Saxony, Germany

9,500,000 €
1,069 € /m²
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  • Total area
    8,882 m²
  • Yield
    6.7%
  • Built in 
    1995
Details
Property parameters
  • Land area: 6,887 m²
  • Number of parking lots: 99
  • 4-floor building
Financial performance
  • Annual income: 632,161 €
Tenants
  • No tenants
Transaction costs
  • Notary (state registration): 1.5%
  • Acquisition tax: 3.5%
  • Broker: 3.0% + VAT

Four-storey nursing home.

Description

Total area of the property is 8,882.3 m². The commercial area is 5,355.1 m².

The house has 72 residential rooms and 38 commercial rooms. 4 rooms are vacant.

The purchase price of the property includes an underground parking for 99 cars.

Financial performance

Absolute annual income is 632,161 €

The current yield of 6.65%.

Financial performance on the condition that all premises are leased out:

Absolute annual income is 660,337 €.

The projected yield of 6.95%.

Transaction costs

Notary (state registration) is 1.5–2%.

Acquisition tax is 3.5%.

The broker's fee of 3%.

Location

The house is situated in the federal state Sachsen, in a city with a population about 40,000 people.

More properties

If this ad doesn't suit you, have a look at the other retirement homes for sale in Saxony.

All ads in the country: retirement homes for sale in Germany.

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